Symbotic
Wilmington, Massachusetts maker of AI-driven robotic warehouse automation systems for retailers and distributors, listed on Nasdaq since 2022.
Symbotic Inc. was founded in 2007 and is headquartered in Wilmington, Massachusetts, where founder Rick Cohen serves as chief executive. The company sells an end-to-end warehouse automation platform that pairs fleets of autonomous robots with AI software, and it says more than 22,200 of its robots are active across over 100 locations. Symbotic listed on Nasdaq under the ticker SYM in 2022. In January 2025 it agreed to buy Walmart's Advanced Systems and Robotics business for $200 million in cash plus up to $350 million in contingent consideration, with Walmart committing to buy systems for 400 Accelerated Pickup and Delivery centers and to fund a $520 million development program. For fiscal 2025 Symbotic reported revenue of $2,247 million, up 26% from the prior year, and a net loss of $91 million.
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- Founded
- 2007
- Country
- United States
- M&ASymbotic buys Bremen's cellumation for cash to put a software-steered sorting floor inside its warehouse systems
- MarketService robot sales jump 24% on logistics machines while humanoids sold about 7,000 units in 2025, IFR says
- FundingDestro AI raises $8 million seed to make warehouse robots from different makers work as one fleet
- MarketSymbotic swings to a $55 million quarterly profit as revenue rises 22% to $721 million
- BusinessAmazon unveils a next-generation Proteus robot that takes spoken instructions, tied to a €10 billion upgrade of its European warehouses